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HomeMy WebLinkAboutC-9269-2 - Vista del Oro, 2555 - Memorandum of Lease 2023 (Boys and Girls Club)5/31/23, 2:19 PM Batch 15804133 Confirmation RECORDING REQUESTED AND WHEN RECORDED RETURN TO: City Clerk's Office City of Newport Beach 100 Civic Center Drive Newport Beach, CA 92660 Recorded in Official Records, Orange County Hugh Nguyen, Clerk -Recorder II I II III I IIII III IIII 1�11I IIIII III I I III ]II NO FEE *$ R 0 0 1 4 3 7 9 4 0 7 $ * 2023000128028 2:15 pm 05/31/23 318 503A M10 6 0.00 0.00 0.00 0.00 15.00 0.00 0.000.000.00 0.00 [Exempt from Recordation Fee - Govt. Code §§ 6103 & 27383] MEMORANDUM OF LEASE AGREEMENT This Memorandum of Lease Agreement ("Memorandum") is dated YY1A`I 30 2023, and is made between City of Newport Beach, a California municipal corporation and charter city ("Lessor" or "City") and Boys & Girls Clubs of Central Orange Coast, a California non-profit corporation ("Lessee"), concerning the premises as depicted in Exhibit "A," attached hereto and by this reference made a part hereof ("Premises"). For good and adequate consideration, Lessor leases the Premises to Lessee, and Lessee hires them from Lessor, for the term and on the provisions contained in the Lease Agreement dated M E+t—L 30 , 2023 ("Agreement"), including without limitation provisions prohibiting assignment, subleasing, and encumbering said leasehold without the express written consent of Lessor in each instance, all as more specifically set forth in said Agreement, which said Agreement is incorporated in this Memorandum by this reference. The term is thirty (30) years, beginning MAq 3p , 2023, and ending na A `L 30 , 2053, and two (2) additional successive "Option Terms" of ten (10) years, on the same terms and conditions contained in the Agreement as it may be amended from time to time. This Memorandum is not a complete summary of the Agreement. Provisions in this Memorandum shall not be used in interpreting the Agreement's provisions. In the event of conflict between this Memorandum and other parts of the Agreement, the other parts shall control. Execution hereof constitutes execution of the Agreement itself. Assessor's Parcel Numbers 440-161-05 and 440-161-06. [SIGNATURES ON THE NEXT PAGE] https://gs.secure-recording.com/Batch/Confirmation/l5804133 1/6 RECORDING REQUESTED AND WHEN RECORDED RETURN TO: City Clerk's Office City of Newport Beach 100 Civic Center Drive Newport Beach, CA 92660 [Exempt from Recordation Fee - Govt. Code §§ 6103 & 27383] MEMORANDUM OF LEASE AGREEMENT This Memorandum of Lease Agreement ("Memorandum") is dated MAI 30 , 20237 and is made between City of Newport Beach, a California municipal corporation and charter city ("Lessor" or "City") and Boys & Girls Clubs of Central Orange Coast, a California non-profit corporation ("Lessee"), concerning the premises as depicted in Exhibit "A," attached hereto and by this reference made a part hereof ("Premises"). For good and adequate consideration, Lessor leases the Premises to Lessee, and Lessee hires them from Lessor, for the term and on the provisions contained in the Lease Agreement dated M R-A 3'O , 2023 ("Agreement"), including without limitation provisions prohibiting assignment, subleasing, and encumbering said leasehold without the express written consent of Lessor in each instance, all as more specifically set forth in said Agreement, which said Agreement is incorporated in this Memorandum by this reference. The term is thirty (30) years, beginning MA`t '7.a® , 2023, and ending ja A -t 30 , 2053, and two (2) additional successive "Option Terms" of ten (10) years, on the same terms and conditions contained in the Agreement as it may be amended from time to time. This Memorandum is not a complete summary of the Agreement. Provisions in this Memorandum shall not be used in interpreting the Agreement's provisions. In the event of conflict between this Memorandum and other parts of the Agreement, the other parts shall control. Execution hereof constitutes execution of the Agreement itself. Assessor's Parcel Numbers 440-161-05 and 440-161-06. [SIGNATURES ON THE NEXT PAGE] IN WITNESS WHEREOF, the Parties hereto have executed this Memorandum as of the date first written above. LESSOR City of Newport Beach, a California municipal corporation Grace . Leung City anager ATTEST: Ij Leilani I. Brown` r' City Clerk L LESSEE Boys & Girls Clubs of Central Orange Coast, a California non-profit corporation Signed in Counterpart Robert Santana Chief Executive Officer Signed in Counterpart Nicole Carrillo Hall Chief Financial Officer EFORtl� APPROVED AS TO FORM: Aaron C. rp 14•ZV •Z3 Wc- City Attor e [END OF SIGNATURES] ATTACHMENTS: Exhibit A - Depiction of Premises BOYS & GIRLS CLUBS OF CENTRAL ORANGE COAST G-2 IN WITNESS WHEREOF, the Parties hereto have executed this Memorandum as of the date first written above. LESSOR City of Newport Beach, a California municipal corporation Grace K. Leung City Manager ATTEST: Leilani I. Brown City Clerk APPROVED AS TO FORM: Aaron C. rp q.z r•z3 w'_ City Attor e LESSEE Boys & Girls Clubs of Central Orange Coast, a California non-profit corporation Robert SWfiS Chief Er _-n _ Z% Nicble Carrillo Hall Chief Financial Officer [END OF SIGNATURES] ATTACHMENTS: Exhibit A - Depiction of Premises BOYS & GIRLS CLUBS OF CENTRAL ORANGE COAST G-2 ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of na } SS. On o c- l(r /'Z o's , 20-L3_ before me, r-CAJo„ �� Notary Public, personally appeared N ; Co 1 e (G r,r-; I 10 who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signatures(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. *my BRANDONU.LEON WITNESS my hand and official seal Notary Public • California Z _ Orange CountyCommission = 2,i09574 Comm. Expires JLI 29, 2026 r mp qw" Signature (seal) ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of _ �rUn ae- } ss. On ©.S Z2 H 1-70 Z 3 , 20-31_ before me, 6(-on (1D.\ u . (" f\ , Notary Public, personally appeared `Lo bo r } ^+cj no , proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signatures(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature 45E"o,1F BRFvi;CN L. LEON W Netar. _o.;C - • Ca:ifornia i - O'a &c County �; '2-C9574 (seal) BOYS & GIRLS CLUBS OF CENTRAL ORANGE COAST G-0 ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of 0RAN(Ve. _)SS. On ry1r-V1t '--ko , 20 7-3 before me,jENNifem ANN MVL4C—Y , Notary Public, personally appeared &WAC.X 1� . LEUt"It. , who proved to me on the basis of satisfactory evidence to be the persons) whose name(s) is/ar.-. subscribed to the within instrument and acknowledged to me that ha/she/troy executed the same in hiz/her/their authorized capacity¢ies), and that by his/her/their signatures(&) on the instrument the person{.), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. JENNIFER ANN MULVEY WITNESS my hand and official seal. 4` Notary Public - California v Orange County Commission N 2375299 'i•o `� My Comm. Expires Oct 12, 2025 Sign ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of } ss. (seal) On , 20 before me, , Notary Public, personally appeared proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signatures(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature (seal) BOYS & GIRLS CLUBS OF CENTRAL ORANGE COAST G-0 I EXHIBIT "A" DEPICTION OF PREMISES 0 40 80 Feet ,4 c•: .7 Disclaimer: -very reasonab:e effort has been made to assure the accuracy of tYe data proaded, however. ,he City c` Newport Beach and is emplcyees and agents dsclaim any and a.i respons.Miry frcm or relating to any resets cbtamed in ,ts use. BOYS & GIRLS CLUBS OF CENTRAL ORANGE COAST G-4